Abstract
This chapter explores the dynamic world of e-commerce, an essential component of the e-business landscape, highlighting its models, evolution, advantages, disadvantages, and future developments. E-commerce, defined as the electronic exchange of goods and services, has transformed global business operations by enabling direct and efficient transactions across models such as Business-to-Consumer (B2C) and Business-to-Business (B2B), each with unique benefits and challenges. Driven by technological advancements and widespread internet adoption, e-commerce's evolution, particularly during the COVID-19 pandemic, has expanded its scope. The chapter delves into Industry 4.0 technologies like Artificial Intelligence (AI), Augmented Reality (AR), Virtual Reality (VR), and blockchain, enhancing logistics, delivery, and customer experience, projecting a more personalised, efficient, and secure future.
Original language | English |
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Title of host publication | The Palgrave Handbook of Breakthrough Technologies in Contemporary Organisations |
Editors | Mahmoud Moussa, Adela McMurray |
Place of Publication | Singapore |
Publisher | Palgrave Macmillan Singapore |
Chapter | 27 |
Pages | 341–355 |
Number of pages | 15 |
Edition | 1 |
ISBN (Electronic) | 978-981-96-2516-1 |
ISBN (Print) | 978-981-96-2515-4 |
DOIs | |
Publication status | Published - 2025 |
Keywords
- Artificial Intelligence
- E-commerce
- Industry 4.0